Barclays Commodities Head Jones Said to Quit for Mercuria
This article is for subscribers only.
Roger Jones resigned as global head of commodities at Barclays Capital and will join Mercuria Energy Trading SA, the latest person to quit banking and join a trading company or hedge fund as regulations tighten.
The departure of Jones, 46, was confirmed by a person with direct knowledge of the matter, who declined to be identified because the information hasn’t been made public. His new role was confirmed by a source close to Mercuria, a closely held commodities trader based in Geneva, who also asked not to be named. Jones became head of commodities at Barclays in 2007, according to data compiled by Bloomberg.